The UK economic climate will set a pattern of public sector spending that is likely to be short of capital yet puts increasing pressure on revenue. So how do you balance poor economics and development?
In a commercial world keeping what you already have is vital. If income from out of date buildings is on a downward spiral doing nothing is not an option. Modern, demand led facilities and activities not only maintain existing income but also increase revenue streams. This new revenue can support part, or all of the cost of development. All good revenue-generating projects are fundable. CREATEABILITY can advise on and help with the various funding options available.
We can offer a feasibility study that will identify demand based on local market conditions. Revenue generating potential can be forecast from this analysis and used to determine and underwrite funding. The cost of development may be covered by a combination of funding methods such as capital, grants and new revenue. CREATEABILITY is familiar with multi financing streams and can help reduce contracting risk to help satisfy your funding partners.
“The availability of funding to public-owned facilities seems to be largely unaffected by the downturn in the UK economy”. Health club Management June 2009.
Please call us on 01256 818915 to discuss your specific requirements.
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